Jio BlackRock Asset Management, which launched its services last year, has built an investor base of 10 lakh, with nearly 18% comprising first-time mutual fund investors.

The joint venture between Jio Financial Services and BlackRock has also seen participation from investors beyond major metros, with 40% of its retail investors coming from B-30 cities, higher than the industry average of 28%, according to a report by PTI. B-30 cities in India refer to locations beyond the top 30 urban centres.

Jio BlackRock AMC currently manages assets worth over ₹13,700 crore. Equities account for approximately 30% of the total assets under management (AUM), while the remaining 70% is invested in fixed income and cash.

Looking ahead

The company plans to focus on key initiatives, including the launch of specialised investment funds (SIFs) and exchange-traded funds (ETFs), alongside offering international investment exposure through GIFT City.

"We have recently received a no-objection certificate from SEBI to launch specialised investment funds (SIFs), and we are very excited about this opportunity," Swaminathan said. The GIFT City initiative is designed to enable Indian investors to responsibly access global allocation opportunities while allowing international investors to tap into differentiated investment opportunities in India.

Alongside this, the company is preparing a comprehensive ETF build-out to ensure investors have access to transparent, low-cost, and scalable investment building blocks.

New product pipeline

The year will see the rollout of a series of mutual fund offerings across debt, equity, and hybrid categories. Active funds will be powered by BlackRock’s Systematic Active Equity (SAE) platform, the same technology underpinning the JioBlackRock Flexicap Fund.

The first of these new launches will be the JioBlackRock Sector Rotation Fund. The new fund offer (NFO) is scheduled to open on January 27, 2026, and will run until February 9, 2026. As equity markets move in cycles, the fund is designed to dynamically rotate across sectors based on macroeconomic and market indicators to manage risk and capture emerging opportunities.

Additionally, the AMC has gone live with JioBLK ProFolios, a model portfolio facility curated using BlackRock’s proprietary risk management platform, Aladdin. This allows investors to access a diversified mix of schemes in a disciplined manner without having to select individual funds.